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Search Results 0 to 21 of about 22 (some duplicates have been removed)
Dec 1, 2012 4:00am PST
witt" starts now. >>> almost nowhere. that's the words from the gop on fiscal cliff talks. but exactly where is that? and how will congress and the white house get somewhere? >>> the tug-of-war in the middle east. some new wrinkles that beg the question, is any resolution in sight for israel and the palestinians? >>> unsolved mystery. that huge powerball jackpot raised some unanswered questions beyond who won. >>> having their cupcake and eating it, too. big new twist in the hostess going out of business story. good morning, everyone. welcome to "weekends with alex witt." let's get to what's happening right now out there. there is new intrigue in the fight over the fiscal cliff talks today. both sides have messages out this morning that seem to echo the same old position. this on the heels of president obama holding a campaign-style event in suburban philadelphia to sell his solution. he said if congress does not extend the bush tax cuts for the middle class, everyone's taxes will go up january 1st. >> i'm assuming that doesn't sound too good to you. that's sort of like the lump of coa
Nov 29, 2012 2:00am PST
. >> he said america can't afford itself right now the way we're going. fiscal cliff talks today continue with geithner making the rounds on capitol hill. later this morning, third quarter gdp expected to be revised higher. economists expect gdp for july to september to be revised from 2% to 2.8%. that would be good news. this is still modest growth. everyone hopes that next year will be a better year than this one in terms of growth. you want to see more than 2.5% growth consistently. >> i will say amen to that. >>> if at first you don't succeed, coming up, south korea trying to launch another rocket. find out how it went this time. >>> and if you are leaving the house now, watch us any time on your desk top or your mobile phone, just go to a , try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. but when i was in an accident... i was wo
Nov 30, 2012 2:00am PST
. >>> rejected. the gop snubs the white house's opening offer in fiscal cliff talks. >>> upgraded palestine celebrates a new status despite stiff american opposition. >>> rich and now famous. we know the identity of one of those lucky power ball jackpot winners. >> that's good news. >> can't wait to meet that person. >> good morning. welcome to "early start." i'm christine romans. it's friday. >> happy friday. john berman is hosting "starting point" at 7:00. the middle east is getting ugly. insult and finger pointing in the fiscal cliff debate. tax rates spike and spending slashed. congress is breaking for the holidays in two weeks. it could send the economy spinning in directions. $1.6 trillion in tax hikes. he will travel to pennsylvania to sell it to you. republicans aren't buying it. listen to house speaker, john boehner. >> despite the claims the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. >> democrats are firing right back at boehner. harry reid getting a little personal. >> i don't understand his brain, so you should ask him
FOX News
Nov 29, 2012 1:00pm PST
of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back from clinton, but something to get a deal jump started. mitt romney was here for lunch the first meeting since after the election and it was awkward and the menu included turkey chili and a white house readout said they promised to "keep in touch" if the opportunity arises where their interests intersect, maybe another way of saying not so much. >>neil: turkey chili. >>guest: healthy. >>neil: it is. and you are healthy. they are not close to a deal? they aren't close to a deal? what is the deal? we don't know. when we get a deal, and they will, it will be because of something we don't see, not something we did see. ask any sports agent, many negotiations have turned on
Dec 1, 2012 12:00pm PST
correspondent mike viqueira. what can you make of this? fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with the $1.6 billion in new revenues and that's twice what the president was talking about before the election. republicans, obviously, rejecting it out of hand. we all heard by now republican leader in the senate mitch mcconnell laughed at it. there you see some of the provisions there. $600 billion in savings. some of it from medicare, another 50 billion in spending and new spending on infrastructure and stimulus spending. that's something that republicans aren't going to want to go to. the two sides are far apart. here we are on december 1st, the clock is tic
Nov 29, 2012 1:00pm PST
: as the country fast approaches the fiscal cliff, the two sides are talking past each other. democrats say they've laid down their marker hiking tax rates on wealthier americans. and it's up to republicans to propose specific spending cuts they want to entitlement programs. however, republicans say they've offered a concession putting revenue on the table. and they say it's now up to the president and his fellow democrats to feel some pain and propose cuts in medicare and medicaid. confu confusing? we asked senate majority leader harry reid. where's the disconnect? >> i don't understand his brain. so you should ask him, okay. >> from capitol hill to the white house, democrats say the major hurdle remains, the tax issue, whether republicans will agree not just to revenue but to raising tax rates. republicans as you will not be surprised have made clear so far that is a no-go. so what's next? well, a top republican aide told me they look forward to hearing from the white house. a top democratic aide saying, our door is open. read that, wolf, as a standstill. >> they've waited a few weeks before a
Nov 29, 2012 6:00pm PST
of refusing to talk specifics about how to avoid the fiscal cliff. the two sides traded charges of bad faith as year-end tax hikes and spending cuts moved another day closer. on the face of it there seemed to be little movement today. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sreenivasan: treasury secretary timothy geithner and legislative chief rob nabors arrived at the capitol this morning, for meetings with congressional leaders. house speaker john boehner also spoke to president obama on the phone last night. he said he wanted to know where the administration would rein in spending, but that he had heard nothing new. >> i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president is really willing to do. listen, i remain hopeful that productive conversations in the days ahead can be had but the white house has to get serious. >> sreenivasan: senate minority leader mitch mcconnell echoed that complaint. in a statement, he said, "today, they took a step backward and
Nov 30, 2012 7:00am PST
obama and somehow would there will be a role maybe in these talks about the fiscal cliff. we don't know a lot about what they talked about. the meeting was about an hour long. they had white turkey chili and southwestern chicken salad. but molly, this is the first time they've seen each other since the election. what do you say beyond congratulations, mr. president? >> goodness knows. it's pretty telling that the most newsworthy item out of that meeting was the lunch menu. the readout we got from the white house was very sort of boilerplate. we do know what didn't happen, unless there's something they're not telling us. romney was not offered a job or a post in the administration, as some had speculated might happen as sort of a conciliatory gesture. who knows if he would have taken that or wanted something like that. it was sort of very tepid, the language that we got, that they would work together in the future if opportunities arose on issues they were both interested in, and they discussed american leadership in the world, which is about the closest you can come to saying absolutely
Dec 2, 2012 12:00pm PST
politics. let's talk about the fiscal cliff. you've been part of many of a political standoff. senate majority leader from '89 to 1995. how wide is the chasm between what we are seeing and hearing on cable news outfits and in newspapers, how wide is the gap between that and what is actually transpiring behind closed doors? >> it's pretty wide. look both sides are trying to accomplish two things at the same time. and they mutually contradictory. one is they want to convey to the broad american public that they're reasonable, they're willing to compromise, they're not obstructionist. at the same time, they want to convey to their partisans we're not going to cave in. and so you get one message in the morning, another in the afternoon and kind of a mixture of them in the evening. >> how do you think it plays out? >> i think the president is in a very strong position. the election was pretty clear and decisive result. the american people now regard by significant numbers, the republicans as obstructionists. i think they have a very important objective, the republicans do, that is to shed
Nov 29, 2012 10:00am PST
discussion of the fiscal cliff, given that is what lawmakers are talking about now. mitt romney just arrived here. we're not expecting anything huge to come out of this meeting. no appointment. for example, to the cabinet. but the president certainly, i think, hoping to engage in a serious conversation. this, as you point out, will be just the seventh time that these two have sat down after what was really a bruising fight during the election. this is really about sort of striking a tone of bipartisanship, helping these two former rivals to bury the hatchet but helping, i think the country to move forward, especially as we get closer to that fiscal cliff deadline. >> and ruth is here at the table. one of the issues could be the sort of backdrop the post-election comment by all sides not only mitt romney but also by stewart stevenson, op-ed his adviser. there was a time not long ago when the problems of the democratic party revolved arounding too liberal and dependent on minorities. obama turned those problems in advantages and rode that strategy to victory but he was a charismatic african-am
Nov 30, 2012 1:00pm PST
. if the fiscal cliff hits and nothing changes. as you go and look at the first group of folks here, talk about people who make very little money, up to $20,000 or $20,000 to $40,000. this yellow part represents the current amount of taxes folks are paying out there. if the fiscal cliff hits and nothing changes, this group would pay about $400 more. this group down here would pay about $1,200 more. that doesn't seem like a whether or not he will lot of money, but against that kind of income it's pretty big. move to the next category. if you go to $40,000 to $64,000 in income or $64,000 to $108,000, you see the green area's much bigger. that's because there are a lot of taxpayers like this. and they're paying a fairly sizable amount. but if they're out there and the fiscal cliff goes all the way through and nothing stops it, look what's going to happen. almost $2,000 more for this group. that's what you would have to pay if you're in that group. and look down here at the other one down here, $64,000 to $108,000, $3,500 more on that. and as you move up it gets even more so. go to this group, peop
Nov 29, 2012 8:00pm PST
-called fiscal cliff with laura tyson congresswoman donna edwards at >> eliot: as monti python used to say and now for something completely different. not something about the fiscal cliff or the benghazi kerfuffle let's talk british press scandals or the scope of rupert murdoch's media empire's breach of trust integrity and the law. today, lord justice levinson released his report detailing the scope of what he discovered in the british media especially focused, of course, on the enterprises owned by rupert murdoch that have been implicated in the scandals that have erupted over the past several years. to say it is not a pretty picture is to state the obvious. here are some of the figures detailed. 17 arrests have been made. with respect to payment of public officials 52 arrests have been made including 27 journalists. with respect to data hacking and improper access to personal computer records 17 arrests have been made. there were over 800 known victims of phone hacking by british media interests and until recentl
FOX News
Dec 2, 2012 11:00pm PST
quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from bain -- john bainner a few minutes. first my conversation with tim geithner about the lack of progress in steering away from the cliff. >> secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> i spoke with house speaker boehner before you came over here. he said when you presented your plan to him on thursday he said, "you can't be serious" and mitch mcconnell, the republican leader, said he burst into laughter. >> chris, they are in kind of a tough position now. it's obviously a little hard for them now and they are trying to figure out where they go next. we might need to give them a little bit of time to figure out where they go next. but what we did, we laid out a very detailed, carefully-designed set of spending, sav
FOX News
Dec 1, 2012 3:00am PST
sweaters. >> we are also talking about as julia was commencing there the fiscal cliff now what washington the gridlock means i think it's most telling because what senator matt baucus from montana said we have 31 days left yet. we are not near a deal yet. we can't expect any sort of a deal with any weeks before christmas i would think. >> the big knock on the president through the this process has been a failure to lead. i think one that sticks rather well. because, instead of sitting down with john boehner. instead of trying to hash something out. he is out there again campaigning, gives speeches, instead of being the one that sits down and gets this deal down. here is the president on again what appears to be the campaign trail yesterday in pennsylvania. >> santa delivers everywhere, i have been keeping my own naughty and nice list for washington. >> [ laughter ] >> you should keep your eye hun gets some connects this year. some members of congress who get them and some who don't. i'm ready to sign it. there are no shortage of pens in the white house. and i carry one around for an emerg
Nov 30, 2012 2:30am PST
's top republican laughing out loud at the white house proposal to avert the fiscal cliff. >> i don't know much about the government. is that a good sign if they make a proposal? >> when you do that to me, i know you're not taking me seriously, right? >> sometimes getting really stupid offers, also not polite. >>> plus, an update on the condition of the former president george h.w. bush. he had a health scare in houston yesterday. we're going to tell you how he's doing this morning. >>> but first let's get to the news live at 5:30 here at 30 rock in new york city. this morning, president obama departs to pennsylvania where he will continue his campaign sales pitch on how to solve the country's fiscal challenges. yesterday treasury secretary tim geithner met with republicans to unveil the white house's budget proposal which includes $1.6 trillion in new tax revenue over ten years as well as $50 billion in additional stimulus spending. with limited details on spending cuts, the gop's reaction, less than encouraging. senator mitch mcconnell reportedly burst into laughter while geithner
Nov 29, 2012 9:00am PST
later this hour, i want to talk about what is going on actually with the fiscal cliff. or the fiscal curve or molehill, depending how you characterize this thing. seem likes we're going to hear bad news, bad news, bad news until we hear good news which is to say everybody's in their corners but it sounds like, according to your libelist publication, there may be -- >> i'm not an attorney. >> i just play one on tv. there may be the outlines of a real deal with actual numbers. >> yeah, sort of. but we knew that. you know, i think what's going on, and ryan having covered shoulder to shoulder this wonderful show we call congress, the more pessimistic and the more you see the top of john boehner's head in the press conference, and you try to strain to hear his grumbling, the more of a sense you get they're moving closer. nastier the stuff gets, the closer you know you are to a resolution. >> don't take a victory lap, we need serious leadership from the white house would bear out glenn's point. >> right. when a fish show starts, the crowd -- >> wow! i hope nobody actually catches that refe
Nov 29, 2012 11:00am PST
of u.s. homeowners could get a financial hit if the fiscal cliff negotiations tweak a popular tax break. if the negotiators do that, the mortgage interest deduction could be on the table at those talks. christine romans has more now. >> reporter: don, the middle class's most cherished tax break could be in the cross hairs of negotiations. government spending on this will reach $100 billion by 2014 making it the third largest tax break on the books. who does it help? 41 million people. the most recent irs data shows 41 million people claimed this deduction on their 2010 tax returns. the tax return policy center says it tends to benefit upper middle class families the most. for those with annual incomes of less than $40,000, their savings about $91. or $5,500. this benefits people most on both coasts and cities like chicago with higher property prices. watching the fiscal cliff negotiations closely for what could happen next to the tax goody next year. don? >> christine, thank you very much. >>> okay. the fiscal cliff, you have heard vague warnings. let's get specific about it. your child
Search Results 0 to 21 of about 22 (some duplicates have been removed)